New technologies helps farmers get the most out of their crops.

In this Managing for Profit, Channel technical agronomist Jeremy Miner talks about SMARTStax PRO with RNAI Technology and what growers need to know as they finalize their plans for the 2023 growing season.

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Market recap (changes on week):

- December corn down $.02 at $6.81

- November soybeans down $.13 at $13.72

- December soybean oil up 5.03 cents at 71.87 cents/lb

- December soybean meal down $2.30 at $408.70/short ton

- December wheat down $.23 at $8.38

- July wheat down $.16 at $8.67

Weekly highlights:

- Ethanol production increased for the third straight week- up to nearly 300 million gallons produced per week.

- Export sales were strong for soybeans and soybean components. Sales of soybeans were the strongest in a year while sales of soybean meal were the strongest since January of this year.

- Open interest futures and options positions of Chicago wheat were flat again last week, Chicago corn future and option open interest positions were down 2% while up 2% for Chicago soybean positions. Managed money futures and options positions unwound some of the action from last week- down for feed grains while increasing some for oilseeds like soybeans.

- After the cattle on feed report last Friday- live cattle futures rallies to fresh 7-year highs.

- Export inspections were up week over week for corn, soybeans and grain sorghum while down for wheat. Wheat inspections fell below all pre-report trade estimates while soybeans had the fourth highest volume of all-time.

- Corn harvest is 61% complete, 80% complete for soybeans, and 45% complete for cotton. All ahead of the 3-year average.

- Winter wheat plantings are at 79% completed.

Find more agriculture news at: brownfieldagnews.com

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- December corn $6.8625 up $0.0475

- November soybeans $13.82 up $0.10

- December soybean meal $415.60 up $6.90

- December soybean oil 72.28 up 41 points

- December Chicago wheat $8.3475 down $0.04

- December live cattle $153.30 down $0.82

- December lean hogs $88.45 up $0.52

Find more agriculture news at: brownfieldagnews.com

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Iowa farmer Stan Nelson serves as vice president of the Iowa Corn Promotion Board and says corn production continues to improve, making it imperative there’s sufficient demand.

He tells Brownfield Iowa Corn is working to replace fossil fuels found in many products from our fuel tanks to plastics and chemicals.

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The Illinois corn checkoff program is important to Illinois corn farmers. This week, IL Corn Marketing Board Chairman and Deland, IL farmer Jim Reed explains the purpose and value of the checkoff program, including recent priorities the board has been working on and examples of why the checkoff program is a good return on investment.

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Thumb area farmer Matt Frostic represents Michigan on the National Corn Growers Association board of directors. Hear more about their priorities and how he’ll serve in the position.

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Dylan Powell was nominated as a Beck’s Player with Heart for his commitment and passion on and off the course, track, and mat. His favorite part about high school sports is the chance to grow as a leader and learn from others. Agriculture means everything to Dylan. Growing up on a farm, Dylan has learned to appreciate the value of farming and what all it provides. Without the strong base of learned to work his hardest and expect the same work ethic from those around him, Dylan would not be where he is today. Dylan is involved in cross country, wrestling, track, forensics, student council, 4-H, and FFA. He also helps at community food distributions, youth wrestling programs, local fun run fundraisers, and volunteers with local marathons. After graduation, Dylan hopes to run in college while pursuing a degree in either agricultural or mechanical engineering. 

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Austin Cramer was nominated as a Beck’s Player with Heart for his commitment and passion on and off the trap field. His favorite part about high school sports is being a part of team. Austin’s team is filled with members from various schools which makes his experience even better. He also really enjoys the competitive aspect of trapshooting. Austin has been involved in agriculture his whole life. He grew up on a generational farm that was started by his grandfather and has learned so many lessons from working on it. Austin is involved in FFA, NHS, Clyman Sportsman Club, and participates in many local fundraising activities. Austin also owns and operates his own licensed game farm in which he raises bob white quail and pheasants to sell to sportsmen and landowners. Austin plans on continuing his education at UW Stevens Point and majoring in an environmental-related field. 

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Madison Lauck was nominated as a Beck’s Player with Heart for her commitment and passion on and off the court. Her favorite part about high school sports is having the opportunity to be a part of a team. She enjoys encouraging her teammates as well as the opportunity to be a leader. Agriculture has always been a huge part of Madison’s life. While growing up she would see firsthand from her grandparents how important agriculture is. Madison is involved in volleyball, golf, FFA, 4-H, FCA, Student Council, band and is involved with her church. Once she graduates, she plans to attend a four-year college and major in something related to agriculture. 

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Jonathan Hildebrand was nominated as a Beck’s Player with Heart for his commitment and passion on and off the field. Jonathan’s favorite part about high school sports is the friendships that will last a lifetime. Along with the relationships comes a ton of fun memories that will make for good stories in the future. Jonathan grew up in agriculture and it’s something he couldn’t see himself living without. Agriculture has shaped him into who he is today and has instilled in him many essential qualities. Jonathan is involved in football, basketball, baseball, FFA, NHS, and DECA. He plans to attend a four-year university and pursue a degree related to agriculture. Jonathan hopes to one day have his own cow-calf operation. 

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